As far as defensive stocks are concerned, it's not just $PEP and $KOthat are falling now , but also $NESM.DE. Nestlé shares have lost more than 20% over the past year, yet the company is not doing badly financially at all. I don't buy defensive stocks much, but $PEP or $NESM.DE are at interesting prices right now.
What's your take on $NESM.DEstock ?
The drop there is really significant, but I've been looking more at $PEP stock lately, as the price is really low there right now.
I've had $KO stock in my portfolio for a long time and I don't want to add another stock like it to my portfolio now.
Nestlé's pretty well carved up... Do you know what's going on there? From a quick look at the numbers, I don't see much of a problem there.